Transport Secretary: Hydrogen Worth as Much as Oil and Gas?

Transport Secretary: Hydrogen Worth as Much as Oil and Gas?


Transport Secretary Grant Shapps has given a speech to the ‘Great Northern Conference’ in which he spoke about the potential of hydrogen.  He said:

“…hydrogen production from offshore wind, a resource with huge potential in the North, could be worth as much as North Sea oil and gas at its peak, which is why I recently announced plans for Tees Valley to become a trailblazer for hydrogen transport. A new hub to pave the way for hydrogen buses, hydrogen trucks, and hydrogen ships.

Trials of the first hydrogen trains have already begun and the world’s first hydrogen-powered plane took to the skies at the end of September. These ideas are happening in the UK, reaffirming the technology that we’re developing really fast.”

The full speech can be read here.

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